AJ Bell (LON:AJB) Earns Buy Rating from Shore Capital

AJ Bell (LON:AJB)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital in a research report issued on Friday, MarketBeat reports. They presently have a GBX 600 target price on the stock. Shore Capital’s target price suggests a potential upside of 21.85% from the stock’s previous close.

Several other brokerages have also recently weighed in on AJB. Citigroup raised their price target on shares of AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research report on Monday, October 20th. Beaufort Securities reissued a “hold” rating and issued a GBX 490 price objective on shares of AJ Bell in a research note on Friday. UBS Group restated a “neutral” rating and issued a GBX 550 target price on shares of AJ Bell in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft lifted their target price on AJ Bell from GBX 600 to GBX 625 and gave the company a “buy” rating in a research report on Friday, October 3rd. Finally, Jefferies Financial Group increased their price target on AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 532.50.

AJ Bell Stock Up 1.7%

AJ Bell stock opened at GBX 492.40 on Friday. The firm has a market capitalization of £1.98 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The firm’s fifty day moving average price is GBX 531.70 and its two-hundred day moving average price is GBX 516.94. AJ Bell has a 1-year low of GBX 355.20 and a 1-year high of GBX 578.50. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46.

Insider Activity at AJ Bell

In other AJ Bell news, insider Peter Birch bought 4,000 shares of the stock in a transaction dated Thursday, December 4th. The shares were bought at an average cost of GBX 490 per share, for a total transaction of £19,600. 23.88% of the stock is owned by insiders.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.